16) Leases: Lease cost recognized in earnings, amounts capitalized as right-of- use assets and cash flows from lease transactions (Tables)

3 Months Ended

Mar. 31, 2019

Tables/Schedules

Lease cost recognized in earnings, amounts capitalized as right-of- use assets and cash flows from lease transactions

	Three Months Ended March 31
	2019
Lease Cost
Finance lease cost:
Amortization of right-of-use assets (1)	$           32,835
Interest on lease liabilities (2)	1,873
Operating lease cost (3)	1,532,256
Short-term lease cost (3)(4)	40,676
Variable lease cost	-
Sublease income (3)	(167,071)
Total lease cost	$      1,440,569
Other Information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$      1,472,852
Operating cash flows from finance leases	1,873
Financing cash flows from finance leases	32,290
Right-of-use assets obtained in exchange for lease liabilities:
Operating leases	$     11,931,889
Finance leases	238,335
Weighted-average remaining lease term (in years)
Finance leases	3.30
Operating leases	4.53
Weighted-average discount rate
Finance leases	5.14%
Operating leases	4.88%
(1) Included in Depreciation on property and equipment on the condensed consolidated statements of earnings
(2) Included in Interest expense on the condensed consolidated statements of earnings
(3) Included in Rent and rent related expenses on the condensed consolidated statements of earnings
(4) Includes leases with a term of 12 months or less